The EU energy ministers agreed on December 19, 2022, on
a proposal by CZ PRES 2022 to cap gas exchange prices in the EU.
The cap is set at EUR 180 per MWh and will apply from mid-February
2023. If the gas price on the Dutch exchange exceeds this level for
three consecutive days, the so-called correction mechanism will be
activated. Thereafter, no trades will be made on the exchange at
a price higher than EUR 180/MWh.
Compiled by the team of CzechTrade office in Latvia (Lithuania, Estonia).
Source: ČIA NEWS